• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 0%
  • TJS/USD = 0.09135 -0.44%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.42%
23 January 2025

Viewing results 1 - 6 of 37

Kazakhstan and Russia Strengthen Cooperation on North-South Transport Corridor

Kazakhstan Temir Zholy (KTZ), the country’s national railway company, and Russian Railways have signed a landmark agreement aimed at modernizing railway infrastructure at nine border stations, increasing capacity, and developing a unified digital system for transportation and cross-border operations. The agreement was signed on November 27 during Russian President Vladimir Putin's state visit to Kazakhstan. Enhancing Key Trade Corridors This cooperation seeks to boost the efficiency of trans-Eurasian transport corridors, with a particular focus on increasing cargo volumes along the East-West and North-South routes. The North-South corridor, connecting Kazakhstan, Russia, Turkmenistan, and Iran, has an annual capacity of 10 million tons of cargo. So far, 1.8 million tons have been transported along this route in 2024, and plans are underway to double its capacity to 20 million tons annually. On November 26, Kazakhstan’s Minister of Transport, Marat Karabayev, emphasized the strategic importance of the North-South corridor. In July, Kazakhstan agreed on a roadmap with Iran, Turkmenistan, and Russia for the synchronized development of this corridor. To attract cargo flow, Kazakhstan has introduced special transit tariff discounts of 50%. New Agreements and Digital Connectivity During Putin’s visit, another significant agreement was signed between KTZ, Xi'an Free Trade Port Construction and Operation Co., Ltd. (China), and JSC Slavtrans-Service (Russia). The deal focuses on constructing the CRK Terminal, a transport and logistics hub at the Selyatino railway station in the Moscow region. Additionally, the three parties agreed to jointly use the Unified Digital Platform along the Xi'an (China) - Dostyk/Altynkol (Kazakhstan) - Selyatino (Russia) route. The CRK Terminal and Digital Platform are expected to enhance cargo transportation efficiency and e-commerce between China, Kazakhstan, and Russia. Boosting Regional Logistics Kazakhstan Temir Zholy also signed a memorandum with the Russian transport and logistics group FinInvest LLC to construct a multimodal transport and logistics center in Astana. This center aims to increase the transit of Russian goods through Kazakhstan, further solidifying the country’s position as a regional logistics hub.

Uzbekistan Targets $200 Billion GDP by 2030 with Transport Reforms

On November 26, President Shavkat Mirziyoyev outlined transformative plans for Uzbekistan’s state-owned railway and aviation sectors, setting an ambitious goal to increase the country’s GDP to $200 billion by 2030. Significant changes are already being implemented to enhance efficiency and convenience. In the railway sector, six independent enterprises have been created under “Uzbekistan Railways.” The company added 1,200 new freight cars, halving domestic freight transportation times. The digitalization of operations has streamlined processes, cutting the ordering stage for freight cars from seven days to three and reducing processing time from 72 hours to just 12 hours. Around Tashkent, train traffic has increased by 30%, and for the first time, the previously unprofitable enterprise posted a profit of 30 billion UZS ($2.3 million) this year. In the aviation sector, Uzbekistan Airways has seen flights increase by 25%, with domestic flights surging 2.5 times. The airline now holds a 20% share of international transport in Central Asia, and annual passenger traffic is projected to exceed 6 million. “Uzbekistan Airports” has also expanded services for planes, cargo, and passengers. Greater private sector involvement in airport management has yielded notable results, with 44 airlines currently operating in Uzbekistan. Cargo transportation through airports is expected to grow by 22% this year. “The economy and trade relations in our country are developing year after year. The population’s income and the tourism potential of the regions are also increasing. By 2030, we have set a goal to increase the volume of our gross domestic product to $200 billion. Therefore, we should pay special attention to the transport arteries,” Mirziyoyev said. To support these developments, a new version of the Law “On Railway Transport” has been signed, replacing the 25-year-old legislation. The updated law aims to attract private companies and investments to further develop infrastructure and accelerate industry growth.

Train Link Connects China and Afghanistan via Kazakhstan and Uzbekistan

The first freight train from China arrived at Afghanistan’s Hairatan dry port on November 23, following a route through Kazakhstan and Uzbekistan, according to a report by Afghan TOLOnews. Hairatan, a border town in northern Afghanistan, lies a short distance from the Uzbek city of Termez and serves as a critical transit hub between the two nations. Speaking at a ceremony marking the train’s arrival, Afghanistan’s Acting Minister of Industry and Commerce Nooruddin Azizi noted that the freight journey through Kazakhstan and Uzbekistan took 20 days. Azizi also announced plans to use the rail link to transport Afghan goods to China. Beijing has been working to increase its economic footprint in Taliban-ruled Afghanistan, focusing on the nation’s rich mineral reserves and infrastructure projects to boost bilateral trade. Kazakhstan and Uzbekistan, too, are eager to enhance their trade relations with Afghanistan and participate in the country’s railway infrastructure development. In October, Kazakhstan and Afghanistan signed a roadmap to boost bilateral trade to $3 billion and to include Kazakhstan in the construction of two major railway lines in Afghanistan: Turgundi – Herat – Kandahar - Spin Boldak and Mazar-i-Sharif - Harlachi. This milestone train link highlights a growing regional commitment to economic connectivity and trade expansion.

Dredging Project in Kazakhstan’s Kuryk Port Completed

Kazakhstan Temir Zholy, the country’s national railway company, has announced the early completion of dredging works at the Caspian Sea port of Kuryk. The project was completed by its general contractor, Jan De Nul Kazakhstan LLP, in just four months. The dredging operation involved removing over 990,000 cubic meters of soil from the port’s seabed using the Vesalius, the most powerful dredger in the Caspian Sea. As a result, the water depth in the port’s operational area and approach channel has been increased to 7–8 meters. This enhancement allows for an increased draft of vessels entering the port, enabling them to achieve full loading capacity. The project significantly boosts the port's terminal capacity, further strengthening its role as a vital transit hub on the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor. This strategic route connects China and Europe via Central Asia and the Caucasus. The Kuryk port currently handles up to 6 million tons of cargo annually, including 4.1 million tons through its railway terminal and 1.9 million tons via its automobile terminal.

Kazakhstan, Hungary, and China Establish Cargo Terminal in Budapest

Kazakhstan Temir Zholy (KTZ, Kazakhstan’s national railway company), L.A.C. Holding (Hungary), and Xi'an Free Trade Port Construction and Operation Co., Ltd (China) have signed a memorandum to establish a joint inter-modal cargo terminal in Budapest. The document was signed on November 20 as part of the state visit of Kazakhstan's President Kassym-Jomart Tokayev to Hungary. The planned terminal will leverage the strategic location of the Hungarian capital in the heart of Europe and its developed transport network for multimodal transportation across the continent. The terminal will have a capacity of 230,000 TEU annually and will increase the number of container trains between China and Europe, including transit along the Trans-Caspian International Transport Route (TITR). The new terminal is expected to reduce delivery times and transportation costs. KTZ continues to expand its terminal network along key transport corridors to strengthen Kazakhstan's position as a key transit hub in Eurasia. On November 12, Kazakhstan, Azerbaijan, and China signed an agreement to establish an inter-modal cargo terminal in the Port of Alat in Baku, Azerbaijan. Commenting on the signed Memorandum at a press briefing in Budapest, Tokayev said this initiative will strengthen trade and transport ties between the participating countries. “New opportunities are opening up for the development of infrastructure, logistics, and international trade. Eighty-five percent of land transit shipments between Asia and Europe pass through Kazakhstan. In the near future, the volume of cargo transportation along this route will reach 10 million tons,” Tokayev said.

Kazakhstan’s Caspian Sea Ports Increase Cargo Transportation

Kazakhstan’s Ministry of Transport has announced that from January to October 2024, the country’s Caspian Sea ports transported 6.2 million tons of cargo, reflecting a 3% increase compared to the same period last year. Transit cargo shipments saw even stronger growth, rising by 18%. Truck transshipment via the Kuryk port’s ferry complex increased by 22%, while container transportation through the Aktau port surged by 84%, with approximately 27,000 containers moved along the East-West transit route. During the same period, the Sarzha terminal at Kuryk port handled 55,000 tons of cargo, including non-ferrous metals, fertilizers, and barley, destined for Turkey and Iran. In October, a new grain terminal with an annual capacity of 1 million tons was inaugurated at the Kuryk port. Efforts to enhance the port’s capacity continue. The Times of Central Asia previously reported that Kazakhstan’s Ministry of Transport has undertaken dredging operations at the Kuryk port to ensure sufficient depth for ship access, bolstering the capacity of the Trans-Caspian International Transport Route (TITR). The dredging project will support further expansion of Kuryk’s terminal capacity, currently set at 6 million tons annually—4 million tons through its railway terminal and 2 million tons via its automobile terminal.